How should the share capital be paid into the account?

The account is opened to receive the payment of share capital, and each shareholder must pay their share capital in accordance with the founding document. The deposit must be labelled with share contribution/share capital and will be blocked for withdrawal until the organisation number is available.

NB! We are currently experiencing high demand for new customer accounts and processing times are slightly longer than normal.

Start a private limited company with us

Q: Should I begin the process in Altinn or DNB?

You start by creating founding documents and articles of association before you begin the application process with the bank. Create the founding documents and articles of association in Altinn

Q: Why do I have to provide so much information in the application?

We must obtain sufficient and accurate information about our customers. This is also a requirement from the Financial Supervisory Authority of Norway that we are required to follow.

Q: How long does it take for Brønnøysund to register a new private limited company?

You can check this at The Brønnøysund Register Centre’s website

Q: What about accounting?

It’s a good idea to keep accounting in mind from the start. With DNB Accounting, you get banking and accounting in one, and you can easily work together with your accountant. Read more about DNB Accounting here .

Q: How do I become a corporate customer with a sole proprietorship?

You can easily apply to become a corporate customer with us if you have a sole proprietorship. Read more and apply here.

Read how to set up a private limited company (AS) and get a corporate account with us. We’ll help you at every step along the way.

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Find your signed founding documents and articles of association before you apply

How do you set up a private limited company?

To set up a private limited company, you need to create a foundation document with articles of association. We recommend that you do this via Altinn. When these are signed, you can open a customer account at the bank. When the bank has opened an account, you need to transfer the share capital of at least NOK 30,000 divided into one or more shares.

Now register the company with Altinn on the Coordinated Register Notification, attach the Articles of Association and confirmation of paid-up share capital. We will now obtain the organisation number from Brønnøysund and sort out the rest.

Step-by-step guide

1. The first thing to do is to establish the company

Before you set up a private limited company, you must draw up your founding documents and articles of association. The founding documents describe about who the founders of the company are, the allocation of shares and how much the shares are worth. The articles of association are the company’s internal rules of conduct.

We recommend that you create this via Altinn to ensure that we can approve the documents. Here you can just fill out the information and all the statutory requirements are covered.
Create the founding documents and articles of association in Altinn
The documents must be signed electronically by everyone involved via Altinn. A few minutes after signing, you will receive a text message and will be able to retrieve the signed founding document from your Altinn inbox.
Remember to check that you have the signed founding document from your Altinn inbox – this is not the same as the form you can download when signing.

2. You will need the following to become a corporate customer customer at DNB

Once the founding documents and articles of association have been created and signed, you are ready to open your customer account at DNB. You need to do this in order to open an account to pay in the share capital. You can also order any other services you need for your business.
Remember that the signed founding documents and articles of association must be provided in order for us to process your application.
NB! If you have created this via Altinn, it is important that you upload a signed founding document. You’ll find this in your inbox in Altinn, and it’s not the same as the form you can download when signing. This is only a receipt form.
Click ‘Start application’ below, under ‘Become a corporate customer’.
You will be given a temporary customer account with us until you have received an organisation number.
When the bank has opened an account, you transfer the share capital. The share capital must be at least NOK 30 000, divided into one or more shares. The founders can pay in more than this for the shares, then they pay the share premium. The sum of the share capital and share premium constitutes the share contribution. For share contributions higher than NOK 1 million, you need confirmation from an accountant, auditor or lawyer.
We’ll send you a confirmation of paid-up share capital. When you receive this, you’ll be ready to register the company in Altinn.

3. Time to register the company with Altinn

It is now time to register your company with Altinn.
Start your registration with the Samordnet registermelding (coordinated register notification).
Here you will also need to provide your founding document and articles of association, and confirmation of deposited share capital.
You will also be asked to enter the organisation number of the entity that needs to sign to confirm the confirmation is correct.
Here you should enter our organisation number:
DNB Bank ASA, no. 984 851 006.

4. Done! Now we will fix the rest

How to become a DNB corporate customer

Video: a brief review of all of the steps in the process (2:24 min, in Norwegian only)

Getting started

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Become a Customer with a founded private limited company

If you already have a private limited company and would like to apply to become a customer, you can go to the private limited company page and apply there.

Tip!

To process your application as quickly as possible, it’s important that you attach all of the necessary documents, and that these are signed. You must have your articles of association, certificate of registration and updated shareholder register ready before applying.

Become a customer with an existing company

You will need the following documents before you proceed with an already established private limited company

Updated shareholder register
Updated articles of association
Certificate of registration
Key figures for the company
For a change of ownership, we need a purchase contract

To form a new private limited company, see the information at the top of the page.

FAQ

Should I begin the process in Altinn or DNB?

Why do I have to provide so much information in the application?

How long does it take for Brønnøysund to register a new private limited company?

What are founding documents and articles of association?

What about accounting?

I already have a private limited company – what should I do?

How do I become a corporate customer with a sole proprietorship?